Exports of goods up by 12% in February

News
Posted on 9 April 2025, 8:00

According to Statistics Estonia, in February 2025, exports of goods increased by 12% and imports by 10%. Exports of goods amounted to nearly €1.5 billion and imports to more than €1.7 billion at current prices. The trade deficit was €264 million, which is €5 million higher than in February last year.

Evelin Puura, the foreign trade statistics team lead at Statistics Estonia, pointed out that Estonia's exports were significantly affected by the re-exports of previously imported goods which increased by 30% year on year. “The rise in re-exports was mainly due to transport equipment,” Puura added.

Exports of goods of Estonian origin grew by 4% compared with February last year, accounting for 65% of total exports. The rise was mainly due to the increased exports of processed fuels and shale oil as well as measuring instruments.

Electrical equipment was the top commodity exported in February

The main commodities exported in February were electrical equipment (13% of Estonia's total exports), agricultural products and food preparations (12%), and wood and articles of wood (12%). Year on year, the biggest increase occurred in the exports of mineral products (up by €100 million, or more than doubled) and transport equipment (up by €30 million, or 25%). The biggest fall was registered in the exports of paper and paperboard as well as mechanical appliances – each down by €5 million.

Estonia’s top export partner in February was Finland (16% of total exports), followed by Latvia (10%), Sweden (8%), and Lithuania (8%). The main commodities exported were mineral products and electrical equipment to Finland, transport equipment to Latvia and Lithuania, and wood and articles of wood to Sweden. Compared with last year's February, the greatest increase occurred in exports to Singapore (up by €35 million), where more mineral products were exported. The biggest fall, by €7 million, occurred in exports to Australia where less communication equipment was exported, and to Morocco, with decreased exports of cereals.

Estonia’s top import partner in February was Latvia

The main commodities imported in February were transport equipment (13% of Estonia’s total imports), agricultural products and food preparations (13%), mineral products (12%), and electrical equipment (12%). Compared with February 2024, the biggest increase occurred in the imports of mineral products (up by €59 million, or 38%) and transport equipment (up by €24 million, or 12%). The greatest fall was recorded in the imports of base metals and articles of base metal – down by €5 million, or 6%.

In February, imports were highest from Latvia (15% of Estonia's total imports), Germany (11%), and Finland (11%). The main commodities imported were mineral products from Latvia and Finland, and transport equipment from Germany. Compared with February last year, the greatest rise was recorded in imports of goods from Latvia (up by €54 million, or 27%) and Czechia (up by €31 million, or 93%). There were more arrivals of mineral products from Latvia and greater imports of transport equipment from Czechia. The biggest fall was seen in imports of goods from the Republic of South Africa – down by €18 million.

Estonia's foreign trade by month, 2023–2025
Estonia’s foreign trade by month, 2024–2025

Month

Exports, million euros

Imports, million euros

Balance, million euros

2024

2025

Change, %

2024

2025

Change, %

2024

2025

TOTAL

2,659

2,993

13

3,164

3,597

14

-505

-604

January

1,338

1,511

13

1,583

1,852

17

-246

-341

February

1,322

1,481

12

1,581

1,745

10

-259

-264

Main foreign trade partners of Estonia, February 2025
Country of destination, group of countries

Exports, million euros

Share, %

Change on same month of previous year, %

Country of consignment, group of countries

Imports, million euros

Share, %

Change on same month of previous year, %

TOTAL

1,481

100

12

TOTAL

1,745

100

10

EU-27

1,094

74

11

EU-27

1,504

86

10

Euro area 20

805

54

13

Euro area 20

1,141

65

11

Non-EU

388

26

14

Non-EU

241

14

10

1. Finland

238

16

16

1. Latvia

253

15

27

2. Latvia

143

10

23

2. Germany

197

11

5

3. Sweden

125

8

3

3. Finland

194

11

5

4. Lithuania

122

8

16

4. Lithuania

180

10

1

5. Germany

101

7

-4

5. Sweden

140

8

13

6. Netherlands

85

6

40

6. Poland

116

7

-7

7. Poland

60

4

10

7. Netherlands

115

7

19

8. USA

53

4

24

8. Czechia

63

4

93

9. Denmark

48

3

-11

9. Italy

60

3

46

10. Norway

43

3

-5

10. China

57

3

19

Exports and imports by commodity section, February 2025
Commodity section (chapter) by Combined Nomenclature (CN)

Exports

Imports

Balance

Million euros

Share, %

Change on same month of previous year, %

Million euros

Share, %

Change on same month of previous year, %

Million euros
TOTAL

1,481

100

12

1745

100

10

-264

Agricultural products and food preparations (I–IV)

183

12

6

230

13

6

-47

Mineral products (V)

164

11

158

216

12

38

-52

Raw materials and products of chemical industry (VI)

78

5

10

158

9

12

-80

Articles of plastics and rubber (VII)

38

3

-6

88

5

16

-50

Wood and articles of wood (IX)

172

12

-2

64

4

29

108

Paper and articles thereof (X)

26

2

-16

29

2

17

-3

Textiles and textile articles (XI)

32

2

-6

62

4

11

-30

Base metals and articles of base metal (XV)

120

8

0

132

8

-4

-12

Machinery and mechanical appliances (84)

109

8

-5

156

9

4

-47

Electrical equipment (85)

192

13

-1

212

12

8

-20

Transport equipment (XVII)

151

10

25

231

13

12

-80

Optical, measuring, precision instruments (XVIII)

52

3

10

38

2

6

14

Miscellaneous manufactured articles (XX)

90

6

2

42

2

2

48

Other

75

5

51

88

5

-6

-13

Starting from 2025, Statistics Estonia prepares EU imports statistics using detailed data and estimates from other Member States concerning their exports to Estonia. The data are validated by Statistics Estonia and combined with administrative data. 2025 data based on the new methodology were first published on 12 March 2025. Read more about the changes here (in Estonian).

Statistics Estonia performs the statistical activity “Foreign trade” for the Ministry of Economic Affairs and Communications with the aim to determine how exporting and importing enterprises are performing in Estonia.

See also the foreign trade section on our website. Statistics Estonia’s foreign trade application provides visualised foreign trade data for Estonia.

More detailed data have been published in the statistical database. Due to rounding, the sum of rows in some tables may differ from the sum total of the column.

When using Statistics Estonia’s data and graphs, please indicate the source.
 

For further information:

Heidi Kukk
Media Relations Manager
Marketing and Dissemination Department
Statistics Estonia
Tel +372 5696 6484
press [at] stat.ee

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